Is Heng raiding our reserves to save jobs or to alleviate the bottom line of Big Business?
The Business Times reported that SBS Transit’s “bottom line was largely cushioned by government grants of S$61.6 million, with most of the support coming from a 10-month wage subsidy (JSS). Without the government grants, the company would have incurred an operating loss of S$29.4 million.” JSS is supposedly to “save...
You take care of the results. I will take care of politics
One of the most accurate descriptions of Singapore that I’ve heard came from my former client, Datuk Vinod Sekhar, Founder of the GreenRubber Group. He described Singapore as “Disneyland under Martial Law,” and explained that Singapore was Disneyland, the place that everyone wants to be but it only got that way because...
Early action needed on vaccine
Slightly more than half of the people agree with the action taken by President Putin to authorize the use of the Russian vaccine for covid-19. I belong to the small majority. My views are: a. It is better to act earlier, in spite of the uncertainty, due to the urgency of the crisis. b. It may not be the best or the safest vaccine,...
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